Lyft (LYFT) Operating Expenses (2018 - 2026)

Lyft's Operating Expenses history runs 9 years deep, the most recent figure standing at $1.7 billion for Q1 2026.

• In Q1 2026, Operating Expenses rose 11.95% year-over-year to $1.7 billion; the TTM figure through Mar 2026 stood at $6.7 billion (up 10.55% YoY), while the FY2025 annual figure was $6.5 billion, up 10.16% from the prior year.
• Operating Expenses was $1.7 billion for Q1 2026 at Lyft, down from $1.8 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $1.8 billion in Q4 2025 to a low of $1.1 billion in Q1 2022.
• Historically, Operating Expenses has averaged $1.4 billion across 5 years, with a median of $1.5 billion in 2024.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 42.42% in 2022, then slipped 27.46% in 2023.
• A 5-year view of Operating Expenses shows it stood at $1.8 billion in 2022, then dropped by 27.46% to $1.3 billion in 2023, then grew by 18.49% to $1.5 billion in 2024, then increased by 16.78% to $1.8 billion in 2025, then retreated by 6.86% to $1.7 billion in 2026.
• The last three Operating Expenses figures came in at $1.7 billion (Q1 2026), $1.8 billion (Q4 2025), and $1.7 billion (Q3 2025), per Business Quant data.